NEW YORK | 432 Park Avenue (Drake Hotel dev.) | (1,396) FT / 432 M | 89 FLOORS - Page 374

chris08876 · #**7461** Posted **Feb 28, 2015, 6:50 PM**

Keep in mind that this tower, like the ESB gets a height change from an observer's standpoint at sea level due to the elevation. So when viewing the skyline from lets say the ramp heading into Broad Street in Newark (Awesome location if you pull onto the shoulder lane to view it), everything gets a slight height bump, especially midtown which has some elevation boost due to its geography. When viewing the ESB from sea level, from ground to pinnacle its 1550 feet. Depending on the area and tower, theres a slight inflation of height, which can make it seem slightly bigger than it is. One57 for example is something like 50 plus feet above sea level. I think its pretty cool and a nice quality for the island to have as it makes its epic skyline even more grandiose compared to other cities where they are flat.

Even if its not exactly at 0', in the case of the ramp example, from a far, depending on the location, everything could appear 50 - 80' or so feet taller.

hunser · #**7462** Posted **Feb 28, 2015, 9:17 PM**

^ Yeah, it's pretty neat. F.e., and iirc, Nordstrom will be 1,855' EL to the spire. That thing will even have a greater impact than 432 PA ...

QUEENSNYMAN · #**7463** Posted **Mar 1, 2015, 12:55 AM**

My latest video from Breezy Point, Queens, NY:

BY: QUEENSNY121

https://www.youtube.com/watch?v=FUwa...ature=youtu.be

NYguy · #**7464** Posted **Mar 1, 2015, 3:42 AM**

abochevarov

hunser · #**7465** Posted **Mar 1, 2015, 1:54 PM**

^ Hard to imagine it will only get better. Love how 1WTC peeps through!

QUEENSNYMAN · #**7466** Posted **Mar 1, 2015, 4:55 PM**

Some pics I took yesterday from Breezy Point:

432 PARK AVENUE, FEBRUARY 28, 2015 by NYMAN2010, on Flickr

mdsayh1 · #**7467** Posted **Mar 1, 2015, 6:48 PM**

Any word on confirmed ownership of this building? I'm hearing more and more foreign ownership. Curious if it gets posted anywhere as to the percentage that are actually American? I know shell company usage for purchase is the norm these days so that could make it a little tougher to confirm but I'm guessing this is going to end up at least 2/3 foreign owned.

NYGUY these pics from the other side of the pond are definitely the best perspective on this building yet.

Outta here · #**7468** Posted **Mar 2, 2015, 9:02 PM**

Quote:

Originally Posted by N830MH

Whoa!!! Too much ice!!!! It's terrible! Can you see ice in the water?

I would much rather see ice in the water , than the HABOOB storms you
get down there .

Could it be , your a bit jealous

Nexis4Jersey · #**7469** Posted **Mar 3, 2015, 3:38 AM**

From today

Midtown Manhattan Skyline viewed from West New York,NJ by Nexis4Jersey09, on Flickr

Midtown Manhattan Skyline viewed from Little Ferry,NJ by Nexis4Jersey09, on Flickr

NYguy · #**7470** Posted **Mar 3, 2015, 1:10 PM**

dsulli1

Mitch Waxman

Crawford · #**7471** Posted **Mar 3, 2015, 2:50 PM**

Quote:

Originally Posted by mdsayh1

Any word on confirmed ownership of this building? I'm hearing more and more foreign ownership. Curious if it gets posted anywhere as to the percentage that are actually American? I know shell company usage for purchase is the norm these days so that could make it a little tougher to confirm but I'm guessing this is going to end up at least 2/3 foreign owned.

About half the buyers are American, per the developer. So the building will be around half foreign-owned.

Notwithstanding the media hype, most high end real estate in New York is bought by locals. It isn't really like other markets, where the fancy buildings are mostly foreign-owned real estate.